Keefe, Bruyette & Woods reiterated their neutral rating on shares of Hilltop Holdings Inc. (NYSE:HTH) in a research note released on Tuesday.

A number of other brokerages have also recently commented on HTH. BidaskClub raised Hilltop Holdings from a sell rating to a hold rating in a report on Saturday, June 10th. Zacks Investment Research raised Hilltop Holdings from a hold rating to a buy rating and set a $29.00 target price on the stock in a report on Tuesday, July 4th. ValuEngine raised Hilltop Holdings from a hold rating to a buy rating in a report on Wednesday, August 2nd. UBS AG cut Hilltop Holdings from a market perform rating to an underperform rating in a report on Thursday, August 10th. Finally, Raymond James Financial, Inc. reaffirmed an underperform rating on shares of Hilltop Holdings in a report on Thursday, August 10th. Four analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of $32.08.

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Hilltop Holdings (NYSE:HTH) opened at 24.12 on Tuesday. Hilltop Holdings has a 12 month low of $21.04 and a 12 month high of $30.60. The stock has a market capitalization of $2.32 billion, a PE ratio of 13.50 and a beta of 1.02. The stock has a 50 day moving average price of $24.58 and a 200 day moving average price of $26.15.

Hilltop Holdings (NYSE:HTH) last announced its earnings results on Thursday, July 27th. The financial services provider reported $0.63 EPS for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.20. Hilltop Holdings had a return on equity of 9.39% and a net margin of 10.02%. The company had revenue of $460.67 million for the quarter, compared to analysts’ expectations of $431.80 million. During the same period last year, the firm earned $0.32 EPS. On average, equities research analysts forecast that Hilltop Holdings will post $1.59 earnings per share for the current fiscal year.

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The firm also recently declared a quarterly dividend, which was paid on Thursday, August 31st. Shareholders of record on Tuesday, August 15th were paid a $0.06 dividend. The ex-dividend date was Friday, August 11th. This represents a $0.24 dividend on an annualized basis and a yield of 1.00%. Hilltop Holdings’s payout ratio is presently 13.41%.

In other Hilltop Holdings news, Director Charles Clifton Robinson purchased 20,000 shares of the business’s stock in a transaction on Monday, July 31st. The stock was acquired at an average price of $24.97 per share, for a total transaction of $499,400.00. Following the purchase, the director now owns 1,255,024 shares of the company’s stock, valued at approximately $31,337,949.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director J Markham Green sold 4,389 shares of the stock in a transaction on Monday, August 14th. The stock was sold at an average price of $25.98, for a total value of $114,026.22. Following the completion of the sale, the director now owns 114,763 shares of the company’s stock, valued at approximately $2,981,542.74. The disclosure for this sale can be found here. Corporate insiders own 22.60% of the company’s stock.

A number of hedge funds have recently modified their holdings of HTH. Wells Fargo & Company MN increased its stake in Hilltop Holdings by 1.3% in the 1st quarter. Wells Fargo & Company MN now owns 491,999 shares of the financial services provider’s stock worth $13,516,000 after buying an additional 6,267 shares in the last quarter. LSV Asset Management increased its stake in Hilltop Holdings by 387.4% in the 1st quarter. LSV Asset Management now owns 48,438 shares of the financial services provider’s stock worth $1,330,000 after buying an additional 38,500 shares in the last quarter. Bank of New York Mellon Corp increased its stake in Hilltop Holdings by 98.5% in the 1st quarter. Bank of New York Mellon Corp now owns 772,163 shares of the financial services provider’s stock worth $21,211,000 after buying an additional 383,160 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Hilltop Holdings by 93.2% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,648 shares of the financial services provider’s stock worth $100,000 after buying an additional 1,760 shares in the last quarter. Finally, Swiss National Bank increased its stake in Hilltop Holdings by 1.3% in the 1st quarter. Swiss National Bank now owns 129,800 shares of the financial services provider’s stock worth $3,566,000 after buying an additional 1,700 shares in the last quarter. Institutional investors and hedge funds own 56.32% of the company’s stock.

About Hilltop Holdings

Hilltop Holdings Inc is a financial holding Company. The Company provides business and consumer banking services from offices located throughout Texas through PlainsCapital Bank (the Bank). It has three operating business units, which include PlainsCapital Corporation (PCC) (banking and mortgage origination), Hilltop Securities Holdings LLC (Securities Holdings) (broker-dealer) and PlainsCapital Company (NLC) (insurance).